VARDEN BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

−4,51 %

Current Ratio

7,54

Debt-to-Equity Ratio

−1,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 460 000	1 422 000	1 370 000	1 379 000
Net Income	299 000	457 000	176 000	−6 413 000
Total Assets	4 857 000	4 820 000	4 376 000	3 894 000
Total Equity	−6 631 000	−6 930 000	−7 388 000	−7 564 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 460 000	1 422 000	1 370 000	1 379 000
Expenditure	729 000	644 000	822 000	7 430 000
Operating Profit	575 000	630 000	411 000	−6 116 000
Financial Income	0	0	1 000	2 000
Financial Costs	276 000	173 000	236 000	299 000
Financial Balance	−276 000	−173 000	−235 000	−297 000
Earnings Before Tax	455 000	604 000	312 000	−6 348 000
Tax	0	0	0	0
Net Income	299 000	457 000	176 000	−6 413 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 741 000	3 741 000	3 686 000	3 686 000
Total Current Assets	1 116 000	1 079 000	690 000	208 000
Total Assets	4 857 000	4 820 000	4 376 000	3 894 000
Total Retained Equity	−6 634 000	−6 933 000	−7 390 000	−7 567 000
Total Equity	−6 631 000	−6 930 000	−7 388 000	−7 564 000
Total Long-Term Debt	11 341 000	11 600 000	11 600 000	11 298 000
Total Current Debt	148 000	151 000	164 000	160 000
Total Equity and Debt	4 857 000	4 820 000	4 376 000	3 894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 460 000	1 422 000	1 370 000	1 379 000
Other Income	0	0	0	0
Revenue	1 460 000	1 422 000	1 370 000	1 379 000
Cost of Goods Sold	0	0	0	0
Salary Costs	104 000	104 000	97 000	98 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	729 000	644 000	822 000	7 430 000
Operating Profit	575 000	630 000	411 000	−6 116 000
Financial Income	0	0	1 000	2 000
Financial Costs	276 000	173 000	236 000	299 000
Financial Balance	−276 000	−173 000	−235 000	−297 000
Dividends	0	0	0	0
Net Income	299 000	457 000	176 000	−6 413 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 741 000	3 741 000	3 686 000	3 686 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 741 000	3 741 000	3 686 000	3 686 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 741 000	3 741 000	3 686 000	3 686 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 116 000	1 079 000	690 000	208 000
Total Current Assets	1 116 000	1 079 000	690 000	208 000
Total Assets	4 857 000	4 820 000	4 376 000	3 894 000
Total Equity	−6 631 000	−6 930 000	−7 388 000	−7 564 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 341 000	11 600 000	11 600 000	11 298 000
Creditors	96 000	116 000	110 000	130 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	52 000	35 000	54 000	30 000
Total Current Debt	148 000	151 000	164 000	160 000
Total Equity and Debt	4 857 000	4 820 000	4 376 000	3 894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,51 %	−6,59 %	−2,38 %	84,78 %
Debt-to-Equity Ratio	−1,71	−1,67	−1,57	−1,49
Operating Profit Margin	39,38 %	44,3 %	30 %	−443,51 %
Current Ratio	7,54	7,15	4,21	1,3
Quick Ratio	7,54	7,15	4,21	1,3
Equity Ratio	−1,37	−1,44	−1,69	−1,94
Gross Profit Margin	100 %	100 %	100 %	100 %